Trump kicks off Saudi Arabia visit as business leaders join
- On May 13, 2025, President Donald Trump kicked off his inaugural visit to the Middle East since taking office in January by attending a Saudi-US investment forum in Riyadh.
- The forum aims to strengthen the 92-year Saudi-US partnership by exploring new investment opportunities amid a historic moment of renewed commitment.
- Numerous business leaders including Elon Musk, Andy Jassy, Larry Fink, Kelly Ortberg, and Tim Sweeney attended, with the forum focusing on sectors like AI, energy, defense, and manufacturing.
- Saudi Arabia pledged $600 billion in US investments over four years, with Amazon committing over $5.3 billion for AI data centers, while a $1.5 billion AI chip deal was made with startup Groq.
- The event signals intensified Saudi-US economic ties and potential advances in technology and defense sectors, reflecting strategic partnership growth amid some concerns about human rights.
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Trump kicks off Saudi Arabia visit as business leaders join
Several business leaders are in Saudi Arabia as President Trump kicks off his trip in the Middle East. This comes as lawmakers call for an ethics review of Qatar's offer of a luxury jet for the president to use while in office. CBS News' Natalie Brand reports.
Donald Trump Visits Saudi Arabia: A Strategic, Economic and Personal Alliance
Donald Trump arrives in the Middle East on Tuesday 13 May with a first stop in Riyadh. A highly symbolic stop for the American President, who has had a privileged relationship with Saudi Arabia for eight years. A strategic, economic and personal alliance.
·Paris, France
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